S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$82,825▲1.2% Nikkei70,036▼0.9%
At close · Thu, Oct 8, 2026
Daily Market Updates.

US Markets

Home›US Markets›Equities›South Korean IPO flop is the latest in a string of dis…

South Korean IPO flop is the latest in a string of disappointments for the global AI trade

Reported · Written up by our desk · Equities

October alone has witnessed the shelving of three separate flotations planned for data-center providers, backed by AI powerhouses like Nvidia, Blackstone and SoftBank. Investors are not convinced of the sustainability of the capex outlay.

← Newer storyMy unmarried partner of 17 years left me his $1.1 million home. His t…

More like this

US MarketsAudit regulator looking into Manchester City accounting
US MarketsBritain Is Said to Approve New Gas Drilling in the North Sea
US MarketsSpaceX Swings to a Profit, Even as A.I. Spending Soars
US MarketsNetflix posts third-quarter earnings beat, but shares fall on advertising and revenue guidance
US MarketsThe Social Security Administration corrected millions of records, and says there’s more to fix

Sources

MarketWatchSouth Korean IPO flop is the latest in a string of disappointments for the global AI trade
MarketWatchSouth Korean IPO flop is the latest in a string of disappointments for the global AI trade

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.